What I find interesting is how far my views of the developers in the bitcoin community have warped since the beginning of this blocksize drama. Everyone can see the conflict of interest in the Core camp from a mile off. And verbose shills like Marcustus of Augustus / hdbuck / brg444 stand out like a sore thumb on here.  ... didn't realise the army of the clueless was growing so quickly. Hating on the devs is kind of sick when you are living on the backs of their largely volunteer labour. What's next, hating on Satoshi and miners for not making more free shit too? |
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http://www.coindesk.com/1-million-bitcoin-currency-commodity/cypherdoc dragging it out through the courts ... In HashFast Technologies LLC v Lowe, the Bankruptcy Court is being asked to determine whether the recipient of a transfer of bitcoins has to return (a) the actual bitcoins transferred or their current value (treat them as property), or (b) the value of the bitcoins on the day they were transferred (treat them as currency).
In HashFast, the debtor, Hashfast Technologies LLC, transferred to Lowe 3,000 BTC, which were worth $363,861.43 at the time. Today, they are worth approximately $1.3m. The Trustee for the debtor sued to “clawback” the transfer into the bankruptcy estate (either as an avoidable preference or fraudulent transfer), based on claims that the transfer was fraudulent or unauthorized.
Using 11 U.S.C. §550(a), the bankruptcy trustee seek to may recover the transfers for the benefit of the creditors of the bankruptcy estate.
The Trustee and Lowe, the recipient of the transfer, are arguing over the classification of the bitcoin because, if the bitcoins are a commodity, then the Trustee is entitled to the return of 3,000 BTC or the current value of $1.3m; if the bitcoins are US currency then the Trustee is only entitled to the return of $363,861.43. ... so it seems the transfer may well have been fraudulent in which case cypherdoc would be a scammer of epic proportions.
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... too much angst, it's all good guys.
Anyone can have an opinion, they are like AH, but only those who can code get to put ideas on the ballot, and only those with the best ideas point the way ahead.
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v0.12 bitcoin is being released ... watch and learn what real network uptake looks like.
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says who?
can some PLEASE FUCKING MAKE AN OFFICIAL STATEMENT ... it's decentralised, there are no fucking officials. And all praise to Satoshi for that ... watch out for charismatic leaders that try to speak from authority (or produce pretty but misleading 'official-looking' gifs). |
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... it was probably just tarmi himself trying to run an exit scam to cover his massive short losses, doubling down on the fail. |
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^^ ... and there it is. Didn't take long.
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Bitcoin Users
Are Losers
...according to McGruff the Crime Dog. wait ... you haven't managed to slip a paedophile reference in there. No bonus for you. |
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http://hardware.slashdot.org/story/16/02/17/1931200/data-written-with-superman-memory-crystal-could-last-billions-of-yearsResearchers have demonstrated a method of femtosecond laser writing in self-assembled crystaline nanostructures that can withstand temperatures of up to 1,000 degree Celsius and last indefinitely at room temperature. The storage method enables up to 360TB of capacity on a single disc. Data is written to a file comprised of three layers of nano-structured dots separated by five micrometres. The technology was first demonstrated in 2013 when a 300 kilobit digital copy of a text file was successfully recorded in 5D digital data by femtosecond laser writing.
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moving up again soon, next stop 456.
What are your real thoughts on the possibility of a 51% attack with decommisionsed gear? I'm not trolling. I don't know why you always think I'm trolling? I'm genuinely interested. why do i think you are always trolling? ... because ever since you showed up here you have never stopped trolling, simples. The only thing we have got from you is FUD questions, nothing else, no contributions, no independent thought, just continuous FUD. So what can anyone do with that?, FUD away your thoughts are basically worthless since you are a thoughtless automaton FUDster luser. ... zero possibility of 51% attack with decommissioned gear, zip, nada, never gonna happen, you're an idiot if you even think about it for a second with a half decent brain. |
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moving up again soon, next stop 456.
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I'm more worried about 51% attacks today. The halvening could mean doom. Isn't it?
I don't really get why a bunch of clapped out miners covered in dead spiders, dust and snot could compete with a mountain of gleaming new machinery, but if it gets you through the day then I fully support you. ... he lives on FUD, it is his main diet, laps it up, wallows in it like a FUD slug in muck, take away his FUD and he dies. Born into FUD. |
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"world currency" is an insanely high bar. why not address the question of whether cryptocurrencies will find a niche and how big that niche could be? obviously bitcoin is not going to be made the sole "world currency." it's a dumb question to begin with. people are buying bitcoin with the idea that it is playing some role in the global economy and will play a larger role in the coming years. larger than 6 or 10 billion dollars worth. there's a lot of space in between 10 billion and the world's total money supply. if there's a 100-bagger, i won't give a flying fuck about the fact that bitcoin didn't become the world currency. .... finally some sensible commentary. Global M2 is in the $80 trillion range (hard to get good figures). Bitcoin total float value could go up 133 times and still only fill a 1% niche. |
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Can anyone tell when is the Bitcoin halving will take place ? I mean the exact date ?
I tried to find, but could not get. Everyone is saying in mid this year but if anyone know the exact date, do let us know.
Thanks
it is not an exact date but an exact block height, 420,000 to be precise. |
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Adam should've bet again, it's fantastic how reliable of an indicator he is  Hey BJA, 5$ says todays candle hits 420$/USD, deal? no thanks. I've already got enough riding on this. double or quits? |
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Another huge uncertainty about to go away. Without the block size ring in the nose... this bull would be primed to go wild. Add in the realization that gox has already been dumping... They have to know has many yen they have before they can divy it up. A big supply source has just dried up. Gox has been dumping ever since it was set up ... it has basically thrown 1 million coins onto the bonfire of bitcoin market demand since it was set-up. |
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That's 2$, Adam. Double or nothing again?
 as in life it always pays to play these games, sometimes you score somthing priceless. martingales are fun ... until you break the global monetary system |
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ok if I can all get you mofos to buy 10 BTC right now i'd be halfway to getting my 1$ back.
but the blocks are full ... now what? |
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-Governments shutting down mining farms
-Chinese government's hand on the kill switch
-Gavin is likely working with them
-extremely severe bug found
did I forget to mention a new piece of FUD that the market obviously doesn't give a shit about?
paedophiles, everywhere you look paedophiles |
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